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Meeting Date:
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1/27/2022 - 6:00 PM
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Category:
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Purchasing
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Type:
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Action
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Subject:
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11.16 Amendment of Contracts 9393A Medical Benefits and 9393B Pharmacy Benefit Manager Insurance Coverages
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Strategic Plans:
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Priority 1.4 1.4 Attract and recruit highly effective and qualified staff who are excellent matches for the district, develop a pipeline of candidates for hard-to-fill areas, and provide support to all employees that enables and empowers them to fulfill their role in our mission.
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Enclosure
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File Attachment:
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Summary:
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WHEREAS, the Newark Board of Education (Board) is required to secure medical and prescription drug insurance coverage for eligible employees and their qualified dependents; and
WHEREAS, pursuant to N.J.S.A. 18A:18A-5a(10), the Board is authorized to award a contract for insurance coverage by resolution adopted at a public meeting in accordance with the requirements for contracts for extraordinary unspecifiable services; and
WHEREAS, on September 17, 2021, in response to the Board’s Request for Proposal 9393A Medical Benefits, the Board received proposals submitted by two (2) vendors proposing to provide medical insurance coverage; and
WHEREAS, on September 17, 2021, in response to the Board’s Request for Proposal 9393B Pharmacy Benefit Manager, the Board received proposals submitted by four (4) vendors proposing to provide prescription drug insurance coverage; and
WHEREAS, all of the two (2) proposals for medical insurance coverage were found to meet the minimum requirements of request for proposal 9393A, and all of the four (4) proposals for prescription drug coverage were found to meet the minimum requirements of request for proposal 9393B; and
WHEREAS, proposals were evaluated by the Board’s insurance brokers and Board staff, and as a result of such evaluation the committee recommended the selection of the vendors identified below, and the Superintendent has accepted such recommendation; and
WHEREAS, attached to this Resolution is an Extraordinary Unspecifiable Services Certification signed by the Assistant Superintendent of Human Resources, describing the nature of the work to be done and the vendor selection process noted above; and
WHEREAS, the Board approved the award of contracts at the October 28, 2021 Board meeting for a one (1) year period of January 1, 2022 through December 31, 2022; and
WHEREAS, a contract amendment is required as the original award value assigned to Aetna Life Insurance Company for 9393A Medical Insurance included stop loss insurance and stop loss insurance shall be awarded independently to Voya Financial/ Reliastar Life Insurance Company; and
WHEREAS, the recommendation for amendment of term contract was reviewed and approved by Dr. Yolanda Mendez, Assistant Superintendent of Human Recourses.
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Funding :
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Subject to availability of funds.
10-11-000-291-270-404-000-000
10-11-000-291-274-404-000-000
10-11-000-291-274-404-000-000
10-11-000-291-271-404-000-000
10-11-xxx-xxx-2xx-xxx-xxx-xxx
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Recommendation to the Board:
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NOW, THEREFORE, BE IT RESOLVED: that the Newark Board of Education approves the amendment of term contracts for a one (1) year period of January 1, 2022 through December 31, 2022 as follows:
9393A Medical Insurance awarded to Aetna Life Insurance Company, Hartford, CT at a cost not to exceed from $112,500,000.00 to $109,400,000.00
9393B Prescription Drug Insurance awarded to Express Scripts Inc, St Louis, MO at a cost not to exceed $18,159,590.00
9393C Stop Loss Insurance awarded to Voya Financial/ Reliastar Life Insurance Company, Minneapolis, MN at a cost not to exceed $3,029,308.00
BE IT FURTHER RESOLVED, that the terms of the contract so awarded shall be in accordance with the specifications in request for proposals 9393A Medical Benefits and 9393B Pharmacy Benefit Manager, and the vendor’s proposals, and shall be set forth in a written agreement; and the Superintendent and School Business Administrator are hereby authorized and directed to execute said contracts on behalf of the Board. Notice of this award shall be published in the Board’s newspaper of record pursuant to N.J.S.A. 40A:11-5(1)(a) and 18A:18A-5(a)(2).
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Approvals:
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Recommended By:
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Signed By:
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Sherelle Spriggs - Senior Purchasing Manager
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Signed By:
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John Teabout - Principal Fiscal Analyst
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Signed By:
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Dr. Yolanda Mendez - Assistant Superintendent
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Signed By:
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Valerie Wilson - School Business Administrator
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Signed By:
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Roger León - Superintendent
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Vote Results:
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| Original Motion | Member Hasani Council Moved, Member Josephine Garcia seconded to approve the Original motion 'NOW, THEREFORE, BE IT RESOLVED: that the Newark Board of Education approves the amendment of term contracts for a one (1) year period of January 1, 2022 through December 31, 2022 as follows:
9393A Medical Insurance awarded to Aetna Life Insurance Company, Hartford, CT at a cost not to exceed from $112,500,000.00 to $109,400,000.00
9393B Prescription Drug Insurance awarded to Express Scripts Inc, St Louis, MO at a cost not to exceed $18,159,590.00
9393C Stop Loss Insurance awarded to Voya Financial/ Reliastar Life Insurance Company, Minneapolis, MN at a cost not to exceed $3,029,308.00
BE IT FURTHER RESOLVED, that the terms of the contract so awarded shall be in accordance with the specifications in request for proposals 9393A Medical Benefits and 9393B Pharmacy Benefit Manager, and the vendor’s proposals, and shall be set forth in a written agreement; and the Superintendent and School Business Administrator are hereby authorized and directed to execute said contracts on behalf of the Board. Notice of this award shall be published in the Board’s newspaper of record pursuant to N.J.S.A. 40A:11-5(1)(a) and 18A:18A-5(a)(2).'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0. | | The motion Carried 9 - 0 | | | | | Josephine Garcia | Yes | | Flohisha Johnson | Yes | | Dawn Haynes | Yes | | Asia J. Norton | Yes | | Shayvonne Anderson | Yes | | A'Dorian Murray-Thomas | Yes | | Hasani Council | Yes | | Vereliz Santana | Yes | | Daniel Gonzalez | Yes | |
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